Can I retire at age 51 with 18,700,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $18,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$1,544,229$1,530,473$1,517,053$1,503,955$1,491,164$1,433,699
2 years$764,470$750,232$736,434$723,055$710,078$652,869
3 years$504,584$490,285$476,521$463,268$450,503$395,349
4 years$374,667$360,411$346,785$333,759$321,302$268,624
5 years$296,736$282,567$269,120$256,359$244,249$194,182
6 years$244,800$230,737$217,489$205,012$193,266$145,843
7 years$207,717$193,773$180,734$168,552$157,177$112,384
8 years$179,918$166,099$153,277$141,394$130,393$88,187
9 years$158,307$144,619$132,017$120,436$109,810$70,128
10 years$141,029$127,475$115,096$103,817$93,564$56,332
11 years$126,902$113,483$101,328$90,352$80,468$45,602
12 years$115,137$101,856$89,926$79,251$69,732$37,141
13 years$105,190$92,048$80,343$69,967$60,807$30,396
14 years$96,672$83,669$72,189$62,109$53,303$24,972
15 years$89,296$76,434$65,177$55,390$46,933$20,580
16 years$82,848$70,126$59,092$49,596$41,479$17,003
17 years$77,165$64,584$53,772$44,561$36,778$14,077
18 years$72,119$59,678$49,087$40,159$32,702$11,674
19 years$67,609$55,309$44,936$36,287$29,148$9,695
20 years$63,555$51,396$41,240$32,865$26,035$8,061
21 years$59,893$47,873$37,933$29,827$23,299$6,708
22 years$56,567$44,688$34,961$27,119$20,884$5,587
23 years$53,535$41,796$32,281$24,698$18,747$4,656
24 years$50,760$39,160$29,854$22,526$16,850$3,883
25 years$48,211$36,750$27,651$20,572$15,162$3,239
26 years$45,862$34,539$25,645$18,810$13,658$2,703
27 years$43,691$32,505$23,813$17,217$12,314$2,257
28 years$41,678$30,629$22,138$15,775$11,111$1,884
29 years$39,808$28,895$20,601$14,466$10,033$1,574
30 years$38,065$27,288$19,189$13,276$9,065$1,315
31 years$36,438$25,797$17,889$12,193$8,196$1,098
32 years$34,916$24,409$16,691$11,206$7,414$918
33 years$33,489$23,116$15,585$10,305$6,709$767
34 years$32,149$21,908$14,561$9,481$6,075$641
35 years$30,888$20,780$13,614$8,728$5,502$536
36 years$29,700$19,723$12,735$8,038$4,985$448
37 years$28,579$18,732$11,920$7,406$4,518$374
38 years$27,519$17,802$11,163$6,826$4,096$313
39 years$26,516$16,928$10,458$6,294$3,714$262
40 years$25,566$16,106$9,802$5,806$3,369$219
41 years$24,664$15,331$9,192$5,356$3,057$183
42 years$23,808$14,601$8,622$4,943$2,774$153
43 years$22,993$13,912$8,091$4,563$2,517$128
44 years$22,218$13,261$7,594$4,213$2,285$107
45 years$21,480$12,645$7,131$3,891$2,074$89
46 years$20,775$12,063$6,698$3,594$1,883$75
47 years$20,103$11,512$6,292$3,321$1,710$62
48 years$19,460$10,990$5,913$3,068$1,553$52
49 years$18,846$10,495$5,558$2,836$1,410$44
50 years$18,258$10,025$5,225$2,621$1,281$36

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $18,700,000, adding $5,612 every year, while hoping to spend $29,157 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 70/10/20 Blend
50$18,700,000$18,700,000$18,700,000$18,700,000
51$20,613,189$19,622,089$19,332,239$21,954,864
52$22,684,711$20,552,548$19,948,846$23,780,950
53$24,966,552$21,527,623$20,585,132$25,775,048
54$27,480,132$22,549,469$21,241,726$27,957,018
55$30,249,058$23,620,345$21,919,276$30,345,438
56$33,299,341$24,742,621$22,618,452$32,960,762
57$36,659,647$25,918,783$23,339,943$35,825,505
58$40,361,564$27,151,436$24,084,464$38,964,456
59$44,439,898$28,443,311$24,852,748$42,404,903
60$48,933,009$29,797,275$25,645,556$46,176,894
61$53,883,165$31,216,330$26,463,671$50,313,511
62$59,336,944$32,703,627$27,307,901$54,851,183
63$65,345,677$34,262,469$28,179,080$59,830,025
64$71,965,925$35,896,319$29,078,069$65,294,211
65$79,260,022$37,608,811$30,005,756$71,292,388
66$87,296,653$39,403,752$30,963,058$77,878,131
67$96,151,513$41,285,137$31,950,921$85,110,443
68$105,908,012$43,257,153$32,970,322$93,054,310
69$116,658,068$45,324,193$34,022,267$101,781,307
70$128,502,975$47,490,863$35,107,797$111,370,268
71$141,554,355$49,761,991$36,227,985$121,908,028
72$155,935,214$52,142,643$37,383,937$133,490,235
73$171,781,103$54,638,130$38,576,796$146,222,245
74$189,241,399$57,254,022$39,807,742$160,220,117
75$208,480,711$59,996,159$41,077,991$175,611,693
76$229,680,440$62,870,666$42,388,799$192,537,809
77$253,040,483$65,883,967$43,741,462$211,153,608
78$278,781,129$69,042,798$45,137,318$231,630,003
79$307,145,132$72,354,223$46,577,746$254,155,281
80$338,400,005$75,825,650$48,064,171$278,936,875
81$372,840,547$79,464,848$49,598,062$306,203,309
82$410,791,622$83,279,965$51,180,936$336,206,354
83$452,611,229$87,279,545$52,814,359$369,223,389
84$498,693,880$91,472,548$54,499,945$405,560,015
85$549,474,325$95,868,372$56,239,363$445,552,928
86$605,431,656$100,476,872$58,034,331$489,573,090
87$667,093,829$105,308,383$59,886,626$538,029,219
88$735,042,651$110,373,745$61,798,079$591,371,634
89$809,919,268$115,684,325$63,770,581$650,096,500
90$892,430,221$121,252,045$65,806,084$714,750,497
91$983,354,116$127,089,408$67,906,600$785,935,969
92$1,083,548,973$133,209,526$70,074,208$864,316,599
93$1,193,960,326$139,626,151$72,311,052$950,623,657
94$1,315,630,153$146,353,705$74,619,345$1,045,662,895
95$1,449,706,706$153,407,314$77,001,371$1,150,322,135
96$1,597,455,360$160,802,842$79,459,486$1,265,579,637
97$1,760,270,551$168,556,926$81,996,124$1,392,513,319
98$1,939,688,946$176,687,014$84,613,793$1,532,310,915
99$2,137,403,948$185,211,407$87,315,084$1,686,281,171
100$2,355,281,681$194,149,297$90,102,670$1,855,866,182